DFARS 252.232-7014 Notification of Payment in Local Currency (Afghanistan)
Prescribed in 232.7302 | ||
Effective Date: | 1 September 2014 | |
Clause or Provision: | Provision | |
Provision or Clause Number: | S 252.232-7014 Notification of Payment in Local Currency (Afghanistan) | |
Principle Type And/Or Purpose of Contract: | ||
Required: | ||
Applicable: | ||
Optional: | ||
Subject: | Invoices and Payments | |
ProcurementType: | ||
Contract Threshold: | ||
Prescription Overview: |
Prescription | |
Clause Overview: |
ProvisionNOTIFICATION OF PAYMENT IN LOCAL CURRENCY (AFGHANISTAN) (SEP 2014)(a) The contract resulting from this solicitation will be paid in Afghani (local currency) if the contract is awarded to a host nation vendor (Afghan), pursuant to the authority of USCENTCOM Fragmentary Order (FRAGO) 09-1567 and FRAGO 10-143. Contract payment will be made in Afghani (local currency) via electronic funds transfer (EFT) to a local (Afghan) banking institution, unless an exception in paragraph (c) applies. Contracts shall not be awarded to host nation vendors who do not bank locally. If award is made to other than a host nation vendor, the contract will be awarded in U.S. dollars.
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Important Notes/Requirements: | ||
Subcontract Threshold: | ||
Incorporated by Reference: | Yes | |
Uniform Contract Format: | ||
Editor: | Marshall |
Personal notes.